ZSTN (ZST Digital Networks) 6-Month Share Buyback Ratio : 0.00% (As of Sep. 2011 )

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What is ZST Digital Networks 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. ZST Digital Networks's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of ZST Digital Networks's 6-Month Share Buyback Ratio

For the Communication Equipment subindustry, ZST Digital Networks's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ZST Digital Networks's 6-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ZST Digital Networks's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where ZST Digital Networks's 6-Month Share Buyback Ratio falls into.

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ZST Digital Networks 6-Month Share Buyback Ratio Calculation

ZST Digital Networks's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2011 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Mar. 2011 )	-	Shares Outstanding (EOP) (Sep. 2011 ))	/	Shares Outstanding (EOP) (Mar. 2011 )
	=	(11.625	-	11.506)	/	11.625
	=	1.02%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ZST Digital Networks (OTCPK:ZSTN) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

ZST Digital Networks 6-Month Share Buyback Ratio Related Terms

ZST Digital Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZST Digital Networks Inc (OTCPK:ZSTN) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 206 Tongbai Road, ITC Kung Kuan, 3rd Floor, No.2 Building, Henan Province, Zhengzhou, CHN, 450007

Website

http://www.zstdigital.com

ZST Digital Networks Inc is a China-based Company, mainly engaged in supplying digital and optical network equipment and providing installation services to cable system operators in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises.

Executives

Richard Rappaport	10 percent owner	1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
Debbie Schwartzberg	other: No longer a 10% owner	C/O SRKP 1, INC., 1900 AVENUE OF THE STARS, SUITE 310, LOS ANGELES CA 90067
Anthony C Pintsopoulos	other: No longer a 10% owner	1063 HILLSBORO MILE, SUITE 502, HILLSBORO BEACH FL 33062

ZST Digital Networks Headlines

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